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Sri Lankan shares close lower as financials, consumer staples fall

Sri Lankan shares closed lower on Tuesday, dragged down by losses in financial and consumer staple stocks, although gains in communication services capped further decline.

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UPDATE 1-Colombia's Grupo Aval trims 2023 ROAE forecast after profit slump

Colombia's Grupo Aval expects return on average equity (ROAE) to be in the 10-10.5% range in 2023, an executive for the financial conglomerate said Thursday, down from the 11%-12% range it previously guided.

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Sri Lankan shares end flat as consumer staples gains offset losses in financials

Sri Lankan shares ended flat on Wednesday as gains in consumer staples companies offset losses in financial and industrial stocks.

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UPDATE 1-Greece's Eurobank posts lower Q1 profit, strong interest income

Eurobank, Greece's largest lender by market value, on Wednesday reported lower net earnings in the first quarter of the year as a result of lower one-off items and strong net interest revenues.

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UPDATE 1-Kenya's Equity Group Q1 2023 pretax profit up 10%

Kenya's Equity Group Holdings said on Tuesday its first-quarter 2023 pretax profit jumped 10% to 16.9 billion Kenyan shillings ($124 million), as its loan book rose.

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Spain's Exolum posts 13% rise in 2022 core earnings

Spanish oil and gas storage infrastructure company Exolum said on Thursday its earnings before interest, taxes, depreciation and amortisation in 2022 rose 13% to 533 million euros ($586.7 million).

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Japan's Suzuki: Will stay vigilant to fallout from US bank failure

Japanese authorities will continue to watch "with a strong sense of alarm" the potential fallout from First Republic Bank's bankruptcy on the global financial system, Finance Minister Shunichi Suzuki said on Tuesday.

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Euro zone yields drop amid bank worries, uncertainty on ECB moves

Concerns about the U.S. banking system fuelled bids for safe-haven government bonds on Wednesday, while money markets nudged down expectations for the European Central Bank's (ECB) tightening path.

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Credit Suisse bondholders sue Swiss regulator over bond wipeout -FT

Credit Suisse Group AG bondholders, representing $4.5 billion of wiped-out bonds of the company, have filed a lawsuit against Switzerland's banking regulator, the Financial Times reported on Friday. (Reporting by Jahnavi Nidumolu in Bengaluru; Editing by Savio D'Souza)

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